Distressed property owners and how we can help
Times have really changed, and this economy and real estate market bring many challenges to many of you. You or someone you know may need help. You, or someone you know may feel overwhelmed and not sure of what to do next. Maybe you know someone who is on the verge of not being able to meet their mortgage obligations. Perhaps they aren’t aware that there is help available to them. They may be afraid that they may lose their home - but it is important that they look for help sooner than later.
I have intensive training in the distressed property area. In fact I have earned the CDPE Real Estate Designation. The CDPE (Certified Distressed Property Expert) agent is well versed in helping homeowners who may be in danger of defaulting on their mortgage, or who have defaulted on their mortgage find the help they need. In some cases, enabling them to stay in their home. Some cases require a “short sale” which is where the bank will approve a sale for less than what is owed on the property. This situation is much easier on the credit score than a foreclosure but is a very complicated process. As a CDPE agent, I am very well versed in the process and what it takes to work with the bank on a short sale.
Please, if you know of anyone that is in this situation, have them contact me. They may be surprised to learn that there are programs available that may help them:
- stay in their home
- avoid forclosure
- save their credit score
Please pass along my contact information and ensure them that any information they share with me will be held in the strictest confidence. Time is of the essence! Waiting too long to take action could lead to a foreclosure which is the worst possible consequence of a hardship.
Lynn Otlewski, CDPE
623.238.3875
